GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Topmix Bhd (XKLS:0302) » Definitions » Inventory-to-Revenue

Topmix Bhd (XKLS:0302) Inventory-to-Revenue : 0.86 (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Topmix Bhd Inventory-to-Revenue?

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Topmix Bhd's Average Total Inventories for the quarter that ended in Sep. 2024 was RM21.59 Mil. Topmix Bhd's Revenue for the three months ended in Sep. 2024 was RM25.11 Mil. Topmix Bhd's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.86.

Topmix Bhd's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Jun. 2024 (0.92) to Jun. 2024 (0.86)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Topmix Bhd's Days Inventory for the three months ended in Sep. 2024 was 128.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Topmix Bhd's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.71.


Topmix Bhd Inventory-to-Revenue Historical Data

The historical data trend for Topmix Bhd's Inventory-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Topmix Bhd Inventory-to-Revenue Chart

Topmix Bhd Annual Data
Trend Dec20 Dec21 Dec22
Inventory-to-Revenue
0.33 0.24 0.16

Topmix Bhd Quarterly Data
Dec20 Dec21 Sep22 Dec22 Sep23 Jun24 Sep24
Inventory-to-Revenue Get a 7-Day Free Trial - 0.62 - 0.92 0.86

Competitive Comparison of Topmix Bhd's Inventory-to-Revenue

For the Furnishings, Fixtures & Appliances subindustry, Topmix Bhd's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Topmix Bhd's Inventory-to-Revenue Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Topmix Bhd's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Topmix Bhd's Inventory-to-Revenue falls into.



Topmix Bhd Inventory-to-Revenue Calculation

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Topmix Bhd's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (8.971 + 11.955) / 2 ) / 65.79
=10.463 / 65.79
=0.16

Topmix Bhd's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (20.507 + 22.665) / 2 ) / 25.105
=21.586 / 25.105
=0.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Topmix Bhd  (XKLS:0302) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Topmix Bhd's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=21.586/15.304*365 / 4
=128.71

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Topmix Bhd's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=15.304 / 21.586
=0.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Topmix Bhd Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Topmix Bhd's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Topmix Bhd Business Description

Traded in Other Exchanges
N/A
Address
8 & 10, Jalan Bistari 11, Taman Industri Jaya, Skudai, JHR, MYS, 81300
Topmix Bhd is involved in the marketing and sales of its own brands of surface decorative products. It also undertakes the design of surface decorative products internally as well as in collaboration with third-party decor paper suppliers. The company's surface decorative products mainly comprise HPL products. It also markets and sells compact panels, PVC edging, wall panels, decorative boards, and PVC plywood. Its surface decorative products are used in a variety of commercial and residential interior surface applications, including wall panels, countertops, table tops, furniture as well as fixtures and displays. It also offers consultation and installation works for compact panel products, in selected instances based on the requirements of its customers, comprising interior designers.

Topmix Bhd Headlines

No Headlines